Canyon Lake homeowners raise concerns over rising losses at POA restaurants (CA)

/ Owner - February 26, 2025

Canyon Lake homeowners are voicing their concerns over the financial performances of the POA’s two restaurants: the Lighthouse Restaurant and Country Club Bar & Grill. Both restaurants are subsidized by annual dues paid by the homeowners. According to financial reports, the cost to members to operate the Lighthouse Restaurant was planned to be $303,826 for the 2024/2025 fiscal year (May 2024 to May 2025). The year-to-date costs to members as of December 2024 were $340,000, with four months remaining in the fiscal year.   Read the article…………………………….

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